ARTICLES LABELLED WITH TAG budapest

News - BDPST Group to buy Hotel Gellért in Budapest
09
Dec
2022

BDPST Group to buy Hotel Gellért in Budapest

by Property Forum
Hungary's BDPST Group is set to acquire Hotel Gellért in Budapest, located in the same building as one of the city's most famous spas, from Indotek Group. The price of the transaction was not disclosed. Indotek obtained the hotel in 2019, buying the property from Danubius Hotels Group, portfolio.hu reports.
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News - How are CEE hotel markets doing post-pandemic?
09
Dec
2022

How are CEE hotel markets doing post-pandemic?

by Property Forum
In its latest study on the CEE hotel market, hotel real estate expert Christie & Co sheds light on how the capital cities of Prague, Bratislava and Budapest developed during the Covid-19 pandemic and which of the three cities emerged the strongest from the crisis.
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News - Hungary's Mol opens new headquarters in Budapest
08
Dec
2022

Hungary's Mol opens new headquarters in Budapest

by Property Forum
Mol Campus, Hungarian oil company Mol's new headquarters, located within the BudaPart mixed-use project and built by Market Építő Zrt., is the highest office building in the country reaching 143 meters and offering 86,000 sqm of office and retail space. 
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News - GTC to open biggest single office complex in Hungary
06
Dec
2022

GTC to open biggest single office complex in Hungary

by Property Forum
The existing two buildings of Centerpoint, owned by GTC and located in the heart of the largest office district in Budapest, are set to undergo a massive technical refurbishment which is to be completed next year. 
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News - CityLab opens after massive refurbishment in Budapest
06
Dec
2022

CityLab opens after massive refurbishment in Budapest

by Property Forum
The first tenant has already moved into the downtown office building recently modernised by Defactoring Zrt. Located in District 9, the office building has been equipped with solar panels and smart devices.
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News - French investor buys office complex in Budapest
25
Nov
2022

French investor buys office complex in Budapest

by Property Forum
French company Groupama Gan REIM, on behalf of the SCPI Affinités Pierre, has acquired the Green Court Office complex on Budapest's Váci Road from Codic Hungary. The complex, comprising two buildings, offers 20,181 sqm of office space.
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News - Wing to renovate former congress hall in Budapest
14
Nov
2022

Wing to renovate former congress hall in Budapest

by Property Forum
As part of an office development project by Wing, the Ligeti Auditorium will undergo a complete renovation while preserving its historical heritage, according to the company's LinkedIn page.  
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News - Cordia starts large new resi projects in Budapest 
10
Nov
2022

Cordia starts large new resi projects in Budapest 

by Property Forum
The Hungarian property developer is putting 500 more homes up for sale in the centre and the green belt of the capital. 
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News - Futureal secures WELL Platinum certification for Budapest project
10
Nov
2022

Futureal secures WELL Platinum certification for Budapest project

by Property Forum
The first phase of Budapest ONE, developed by Futureal, has received a WELL Platinum certification. The office building was the first in Hungary to meet the highest requirements of the International Well Building Institute (IWBI).
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News - CPI sells office portfolio in Budapest to S Immo
09
Nov
2022

CPI sells office portfolio in Budapest to S Immo

by Property Forum
The sale comprises eight properties totalling around 109,000 sqm of lettable space with an annual rental income of approximately €16 million, plus one plot of land. 
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Latest news


New leases

  • Griffes has announced the leasing of 6,000 sqm of office space in Bucharest-based Unirii View. Out of the total volume, 2,000 sqm represent new tenants joining the tenant roster, while three tenants expanded operations and grew their space take-up in the building.
  • The first Gorąco Polecam store in Lubin has opened at BIG Lubin retail park. The new 151 sqm unit is in a newly designed development building featuring a large 160 sqm patio.
  • Worldbox has entered the Romanian market with its first store at Scallier's Funshop Park in Vaslui. The multi-brand store covers more than 660 sqm and offers clothing, footwear and accessories in the casual and sportswear segment.

New appointments

  • Balázs Kun has joined Avison Young Hungary as Director, Industrial, Land & Development. He brings over 5 years of experience in the Hungarian real estate market, most recently serving at CBRE in the Industrial and Logistics department.
  • CBRE Investment Management announced the firm is evolving the leadership model in its EMEA Direct Real Estate business. Under the enhanced structure, Rik Eertink will assume the role of President and CIO of EMEA Direct Real Estate, after serving as President of EMEA Direct Real Estate for the past five years.
  • Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.

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